Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases

Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases

16
0
SHARE
This post was originally published on this site

Source: Coindesk.com

The crypto market’s biggest meme token is starting to attract short bets amid a general decline in the meme sector, which may spell worry for the meme sector.

Coinalyze data shows that Dogecoin (DOGE) funding rates have started to turn negative since Tuesday, reaching -0.0027% as of Thursday – reaching levels previously seen in October 2023. Funding

Read More https://www.coindesk.com/markets/2024/06/20/dogecoin-traders-appear-to-short-token-as-meme-coin-frenzy-eases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Dogecoin Traders Appear to Short Token as Meme Coin Frenzy Eases" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY